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Apr 23, 2013
04/13
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CSPAN
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>> it is not based on a fiscal year -- you take apples, they come in, it is august, and they stay to pick, prune and packed -- they have to be gone by the end of may. >> in this bill, in your opinion, it addresses the problem? >> it fixes the problem because i think actually, mr. connor can speak to a better, the different types of -- >> mr. connor? >> it fixes the problem fundamentally by creating two different groups of the guestworker program. one would be the seasonal at will, which would be, i suppose, the most similar to the current h-2a program, but the other is a contract program where, again, you would have the ability to bring in year-round workers on a contract, as you noted, to perform those milking functions, feeding functions on the farm, those kind of things, as noted earlier, the cows don't stop producing milk. they produce 24/seven, every day of the year. >> that is the nice thing about cows, they are considerate in that regard. do you see this as a long-term fix, or something you have to tinker with every few years? >> no question, senator, we picture this as a long
>> it is not based on a fiscal year -- you take apples, they come in, it is august, and they stay to pick, prune and packed -- they have to be gone by the end of may. >> in this bill, in your opinion, it addresses the problem? >> it fixes the problem because i think actually, mr. connor can speak to a better, the different types of -- >> mr. connor? >> it fixes the problem fundamentally by creating two different groups of the guestworker program. one would be the...
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Apr 24, 2013
04/13
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FBC
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this used to be apple. i am to be a -- chilling new multi page spreads, like this full disclosure i am an apple shareholder i and in deep whenever. we have the editor in chief of the tech site being out cool? immigrate timing right to? >> samsung is pouring money into marketing. creating brand new products and marketing. so they have more than one product. neil: i know that you teach don't buy everything you see in the ad but some say that is just apple. >> the samsung galaxy s4 is a high-performance excellent phone we are excited out and we will test it out to see how good it really is but they are building upon success because coming off of the galaxy as three also the note serious -- series but talk about cool and a sexy samsung has managed to create products that people desire said galaxy tablet bigger than the iphone five that is quite a bit bigger people really like that. it is on a different platform but it doesn't matter they also marketed the heck out of this. neil: you heard the stuff about apple
this used to be apple. i am to be a -- chilling new multi page spreads, like this full disclosure i am an apple shareholder i and in deep whenever. we have the editor in chief of the tech site being out cool? immigrate timing right to? >> samsung is pouring money into marketing. creating brand new products and marketing. so they have more than one product. neil: i know that you teach don't buy everything you see in the ad but some say that is just apple. >> the samsung galaxy s4 is...
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71
Apr 22, 2013
04/13
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CSPAN
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say, apple producers. the wage rate in vermont now is aollaper bushel for hand- picked ciders and four new york, 60 two cents. there is no consistency. those are done by the prevailing wage survey. there is nothing overseen on that. no regionalization of wage great -- wage rates, housing, transportation. it is very expensive. yet it does provide legal workers. it is difficult to get them here. and with united states department of ag facilitating the process, it will be transparent, i believe. they understand ag, the need behind it, and keep in mind, i would like to let mr. sessions know, senator sessions no, we do have employers who open up and they have to through the h2a program higher and he willing, able, qualified individual. anybody is mollified because in state of vermont we can't require experience. the department of labor says we can't require experience. we have orchards -- i invite you to come visit them in august -- they have everyone who applies start picking apple and they pick on trellis tre
say, apple producers. the wage rate in vermont now is aollaper bushel for hand- picked ciders and four new york, 60 two cents. there is no consistency. those are done by the prevailing wage survey. there is nothing overseen on that. no regionalization of wage great -- wage rates, housing, transportation. it is very expensive. yet it does provide legal workers. it is difficult to get them here. and with united states department of ag facilitating the process, it will be transparent, i believe....
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Apr 24, 2013
04/13
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KGO
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and she has a child name apple. >> good news from "meals on wheels", they raised $2 million for their program this week so congratulations. [dramatic music] ♪ [cheers and applause] >> hi, honey. >> how are you? >> good. how are you doing? [cheers and applause] hello, everyone, and welcome to millionaire. i am so rooting for our first contestant today. he has a 19-month-old at home, a baby on the way, and has been working 80 hours a week to support his family. from new orleans, please welcome matthew fletcher. hey, matthew. >> hi. how are you? >> first of all, you have a 19-month-old at home, right? >> i do. bennett. >> boy or girl? bennett. >> a little boy named bennett. >> and you have another baby how many weeks away? >> he is about 3 1/2 weeks away. >> oh, my gosh. >> hopefully, you know, so we got to kind of move this along a little bit. >> [laughs] you want me to speed this up already then, yeah. >> absolutely. his name's gonna be coleman. and my wife, meghan, unfortunately, is at home, a little too far along to travel. >> oh, okay. but your mom and your dad are here, right? >>
and she has a child name apple. >> good news from "meals on wheels", they raised $2 million for their program this week so congratulations. [dramatic music] ♪ [cheers and applause] >> hi, honey. >> how are you? >> good. how are you doing? [cheers and applause] hello, everyone, and welcome to millionaire. i am so rooting for our first contestant today. he has a 19-month-old at home, a baby on the way, and has been working 80 hours a week to support his family....
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Apr 23, 2013
04/13
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FOXNEWSW
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apple out with numbers that -- well, they're kind of middle ground. you have revenues, overall sales that were a little less than expected. slightly less. still around $10 billion worth. but you have earnings that were a little less -- i should say 43 dental, earnings that -- $43 billion and earnings -- bottom line the company is announcing a $50 billion share buyback. and it is going to significantly add to the buying of shares joust standing. the idea is to go ahead and buy back shares to presumably lift the stock price. right now it is not doing much for the stock price because in afterhours trading, barely budging, down around $403 a share. to give you a sense of the strength of the company overall says, it sold 37 million iphones verse 35 million a year ago. 19-1/2 million ipads versus 11 million a yearing a. the same up in as imacs a year ago, four million, roughly the sam number of ipods. didn't anyone blitzkrieg you with the numbers but palestine for -- but bottom line for apple, not a bad quarter, but it used to just way overwow, and that mig
apple out with numbers that -- well, they're kind of middle ground. you have revenues, overall sales that were a little less than expected. slightly less. still around $10 billion worth. but you have earnings that were a little less -- i should say 43 dental, earnings that -- $43 billion and earnings -- bottom line the company is announcing a $50 billion share buyback. and it is going to significantly add to the buying of shares joust standing. the idea is to go ahead and buy back shares to...
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Apr 18, 2013
04/13
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FBC
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so, just how big a deal is apple soup? well, it's down about 44%, of of its record close from november november 2012. today is almost half that. look at this. what a change we have seen there. the nasdaq, just 8 percent of the nasdaq. another closely watched name. j.c. penney, the total opposite situation. they may have reason to smile. a desperate need of cash. not a breaking story, but it could get the $500 million infusion in the form of a loan from wells fargo. that would apparently be back by the retailers' inventory and accounts receivable. let's focus on the markets as you mentioned, don't count down earnings. we have ibm on deck. right now the markets are reflecting the nonbelievers out there. doreen, what you believe that is? >> clearly we have a change in sentiment from the traders. plenty of people that are welcoming these downdrafts money back into the market. still pretty well liked. we still have a lot of corporate earnings taking place, so there is good news in months all of these. liz: i guess you can say t
so, just how big a deal is apple soup? well, it's down about 44%, of of its record close from november november 2012. today is almost half that. look at this. what a change we have seen there. the nasdaq, just 8 percent of the nasdaq. another closely watched name. j.c. penney, the total opposite situation. they may have reason to smile. a desperate need of cash. not a breaking story, but it could get the $500 million infusion in the form of a loan from wells fargo. that would apparently be back...
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Apr 16, 2013
04/13
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WETA
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>> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue to see it in the future. you know, just because they have gone through a bit of a lull here let's not throw the baby out with the bath water. it's easy to forget that apple has generated tremendous profits and has over $130 billion on their balance sheets right now. >> it seems that their innovation has been more incremental. what do you think is their next big thing? >> hard to say. i think they will continue to innovate around the iphone and ipad products. i think we will see thinner ipads can and larger screen iphones and new things like fingerprint sensor. we have heard of them working on apple tvs and watches. i think people would use the watches while they are jogging or being at the gym. and there's a lot of people that would buy the apple tv t
>> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue to see it in the future. you know, just because they have gone through a bit of a lull here let's not throw the baby out with the bath water. it's easy to forget that apple has generated tremendous profits and has over...
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Apr 23, 2013
04/13
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FBC
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it is up 134% year-to-date after the about apple reported the first decline in earnings in a decade but it beats the reduced expectations and profits of $10.9 per share and issuing a general cautious outlook. goldas down losing $12.40 an ounce and that 10 year yields 1.seven o%. the action in the markets today the wilshire 5,000 posted a gain of $200 billion in market cap. joining us now with the outlook for equities is rbc capital market, george, good to have you with us and said weisberg. this loaded venture at 1:00 today, your thoughts? >> the unintended consequences of training regulations and have been implemented over the last seven couriers and the sec rule changes. this is the world we live in. we're still trying to figure out the flash crash from a couple years ago and here we are again. lou: we don't any have any journalist we don't have answers for what occurred. george, your thoughts on the market for the results? >> overall you have to realize we're still the most liquid and the best market in the world. if you think about the amount of money that changed hands even though
it is up 134% year-to-date after the about apple reported the first decline in earnings in a decade but it beats the reduced expectations and profits of $10.9 per share and issuing a general cautious outlook. goldas down losing $12.40 an ounce and that 10 year yields 1.seven o%. the action in the markets today the wilshire 5,000 posted a gain of $200 billion in market cap. joining us now with the outlook for equities is rbc capital market, george, good to have you with us and said weisberg....
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Apr 16, 2013
04/13
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FBC
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if you like apple, live in apple's world, apple centric it has great interface. it is about 100. good for the people with a decent number of services. gerri: itune, hulu, netflix, what about roku 3. people are talking about this. >> we always like roku, probably the most content you can get. all kinds of things, amazon, netflix, hulu. it has faster process every. and interface a lot easier to use. it comes with a remote control with cool feature. it has head phone jack built into it and has headphones if someone next to you is reading a book. gerri: i like that. there is roku stick. tell us about that. >> this is more of a niche product. it looks like a flash drive that plugs into the back of certain kind of hdmi input called mhl. so you need an mhl enabled tv. gerri: i feel v. smart. >> it gives you a lot of what row cue does but very small form factor. gerri: that is real cool. boxy cloud dvr? never heard of it. >> they renamed the device. two cool things about this. it allows you to get free over the air content. and some cable content. it comes with a antenna for cord cutters
if you like apple, live in apple's world, apple centric it has great interface. it is about 100. good for the people with a decent number of services. gerri: itune, hulu, netflix, what about roku 3. people are talking about this. >> we always like roku, probably the most content you can get. all kinds of things, amazon, netflix, hulu. it has faster process every. and interface a lot easier to use. it comes with a remote control with cool feature. it has head phone jack built into it and...
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Apr 22, 2013
04/13
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CNBC
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and another bite out of apple. key questions about the future of this company that many thought was invincible. and another, a sudden big move for the stock of google before self-correcting. that was the company involved here. what happened and how you can get hurt. first to sue. >> hi. welcome back. we missed you. great to have you back here. we start power lunch with a manpower problem at the nation's airports. politicians are not rising above and neither are many of the air travelers out there. we begin with hampton pierceon. >> here at reagan national, the number of flights being delayed has been increasing throughout the day. a snapshot looking at the schedule board shows 30 minutes to one hour delays. delays due to furloughs of controller controllers business and leez travelers we talk to today think the government ought to have come up with a better solution. r. >> i think they should have more air traffic controllers because it helps with our safety. >> i have tsa approved. i travel constantly. >> the major
and another bite out of apple. key questions about the future of this company that many thought was invincible. and another, a sudden big move for the stock of google before self-correcting. that was the company involved here. what happened and how you can get hurt. first to sue. >> hi. welcome back. we missed you. great to have you back here. we start power lunch with a manpower problem at the nation's airports. politicians are not rising above and neither are many of the air travelers...
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Apr 23, 2013
04/13
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KNTV
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apple reports earnings today. with the stock dropping below $400 a share after peaking above 700 in september, you know it's the talk of wall street. apple still selling a record number of iphones and ipads, but growth is dropping amid competition. the fed gets seven big banks to rein in bonuses for executives who meet or exceed performance targets. "the wall street journal" reports regulars have been concerned since the financial crisis about ties between high pay and the amount of risk that banks are taking. >>> well, now you never have to get off the couch. pizza hut and microsoft are launching a new app that lets people order food via xbox live. richard, back to you. >> now i'm kind of hungry. thanks, courtney. >>> other action on the street. netflix shares skyrocketing 24% in after-hours trading. and that's thanks in part to new streaming original content. the company announced a new family plan as well to let four users stream at once for just $11.99 a month. senators voted overwhelmingly in favor of debatin
apple reports earnings today. with the stock dropping below $400 a share after peaking above 700 in september, you know it's the talk of wall street. apple still selling a record number of iphones and ipads, but growth is dropping amid competition. the fed gets seven big banks to rein in bonuses for executives who meet or exceed performance targets. "the wall street journal" reports regulars have been concerned since the financial crisis about ties between high pay and the amount of...
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Apr 22, 2013
04/13
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CNBC
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. >> first our question of the day is has apple lost its cool factor? a lot of people have tweeted in. you can tweet us your answer as well. >> >> it has been one week since the boston bombings. one of the victims is laid to rest. >> this video shows that he remained in the same spot for approximately 4 minutes. at some point he appears to look at his phone and maybe manipulating the phone. approximately 30 seconds before the first explosion he lifts his phone to his ear. seen reacting to the first explosion. virtually every head turns towards the east towards the finish line and stares in apparent bewilderment and alarm. if they are not specifically charged with murder but charged with conspireing to use weapons of mass destruction to cause death. that would open the door for state charges but these federal charges do potentially carry the death penalty. all of this comes on a day that boston was starting to get back to business. we have seen people walking back to the streets. even there, they are starting to clean up. still, according to the boston a
. >> first our question of the day is has apple lost its cool factor? a lot of people have tweeted in. you can tweet us your answer as well. >> >> it has been one week since the boston bombings. one of the victims is laid to rest. >> this video shows that he remained in the same spot for approximately 4 minutes. at some point he appears to look at his phone and maybe manipulating the phone. approximately 30 seconds before the first explosion he lifts his phone to his...
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112
Apr 19, 2013
04/13
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KICU
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in today's cover story, can samsung's latest smartphone steal apple's thunder? plus, the shocking profits behind blogging from home. the true story of a dot-com mom. and, hot times in traders unplugged. the guys break down how to make money off tv and beer. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, april 19th. i'm angela miles. in today's first look: earnings hits and misses move the market. stocks sold off on the busiest day so far of corporate profit news. the dow fell 81 points. ebay was a drag on the nasdaq, which dropped 38; the s&p declined 10. gold and oil rallied. thursday was a big night for tech earnings. ibm was a shocker - big blue had a miss. the company noted weakness in tech spending. google topped estimates - its core advertising showed growth. microsoft also did better than expected; however, window 8 sales may be moderate. also, the cfo is leaving the company. here's a good one: vertex pharma shares raced up more than 50% after the bell. the comp
in today's cover story, can samsung's latest smartphone steal apple's thunder? plus, the shocking profits behind blogging from home. the true story of a dot-com mom. and, hot times in traders unplugged. the guys break down how to make money off tv and beer. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, april 19th. i'm angela miles. in today's first look: earnings hits and misses move the market....
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Apr 18, 2013
04/13
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CNBC
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apples to apples comparison, melissa. the big theme park companies that are comparable are really subsidiaries of disney or in the case of, you know, universal, of course, subsidiary of comcast. so there's really not a direct comparable. the closest would be like you said six flags and cedar fair. compared to them, the valuation is a little bit rich. you do have to adjust, of course, for the debt as jean said, there is this 1.8 billion in debt. we did hear about that price about 20 minutes ago, at $27. we understand it could have sold more. but they really do want this thing to pop. blackstone has an interest, of course, in selling additional shares at a high price and the follow on offering and they do have to liquidate their shares over time. >> the bottom line is that you don't recommend it. why do you think there's such a strong investor appetite for this one given the uncertainty in the economy? is it a dearth of similar offerings like this? >> yes, what we're hearing essentially, in this case, it's actually a retail
apples to apples comparison, melissa. the big theme park companies that are comparable are really subsidiaries of disney or in the case of, you know, universal, of course, subsidiary of comcast. so there's really not a direct comparable. the closest would be like you said six flags and cedar fair. compared to them, the valuation is a little bit rich. you do have to adjust, of course, for the debt as jean said, there is this 1.8 billion in debt. we did hear about that price about 20 minutes ago,...
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123
Apr 23, 2013
04/13
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FBC
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eye 123
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i feel like we're being too nice to apple in this segment. >> well, the advantage apple has because they've locked down the platform and they heavy liqueur rate the tore, it's much harder for a virus to get in. doesn't mean it's not impossible. you can still jailbreak the phone, and there's always the chance that something's going to bypass apple's cure ration, it's just far less likely than it is with an android phone. the safe phone is probably the blackberry because they use a programming method that compartmentalizes the components so it should be easier to secure can. but the next generation of phones that use things like deep defender may, in fact, provide at least a better solution than we have on the market right now. melissa: no, you're right, and that's why you still see a lot of government offices continue to use blackberr because it is more secure in that way you were just describing. boy, i thought you guys were going to tell me there's nothing to worry about. instead, it was quite the opposite. thanks for coming on. [laughter] i appreciate your help. >> thanks, melissa. meliss
i feel like we're being too nice to apple in this segment. >> well, the advantage apple has because they've locked down the platform and they heavy liqueur rate the tore, it's much harder for a virus to get in. doesn't mean it's not impossible. you can still jailbreak the phone, and there's always the chance that something's going to bypass apple's cure ration, it's just far less likely than it is with an android phone. the safe phone is probably the blackberry because they use a...
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Apr 17, 2013
04/13
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CNBC
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talking about their outlook on apple, the platform. people's confidence. >> i see no wayning in the enthusiasm to develop for the platform. more than half of the start-ups that are products that are launching here are on the apple platform. >> one in particular said look, it's still the platform to go for. just because the stock is back to you. >> you also have to bear in mind that you have a lot of concern. the dollar is higher and tech stocks generally make 40% of their profits in europe. >> saying its margins for the fourth quarter will be weaker than expected. barclays cutting its stock to 28 bucks. including tech, broad come. so a tough day for tech. >> the dough now experiencing its third straight session. remember, monday down 265. yesterday up 150 and that's where we stand at the moment. >> i don't like what i'm seeing. here is what's the problem. we're in an up market. the stock market trend was to the upside. now we have two days. a monday and a wednesday. 90% of the volume to the downside. two separate days. this is one thin
talking about their outlook on apple, the platform. people's confidence. >> i see no wayning in the enthusiasm to develop for the platform. more than half of the start-ups that are products that are launching here are on the apple platform. >> one in particular said look, it's still the platform to go for. just because the stock is back to you. >> you also have to bear in mind that you have a lot of concern. the dollar is higher and tech stocks generally make 40% of their...
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Apr 23, 2013
04/13
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FBC
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is apple? >> you have to look a little bit going forward, and apple had strong demand in china, and the number of stores opening there is actually pretty fast. they are going fast there, so that's one thing so keep an eye on international growth, but also look at the fundmental disruption apple's doing now. interesting piece of data, the increase of ipad unit sale, year on year, jives up really nicely -- increased by 8 million yiewns, that's about how much the pc market declined if you add up -- gerri: wow. >> add up hp, dell, and others. gerri: very interesting, and, yet, those profits this quarter down for the first time in ten years, and personal look at that and think it's over. new management, concerns that steve jobs is not there. what do you think? >> it's a maturing company. you see increases in dividends and buybacks. there's been a buyback authorized for ten years, done nothing with it. today, they promised to spent $60 billion just on share buybacks alone. a hundred billion at averag
is apple? >> you have to look a little bit going forward, and apple had strong demand in china, and the number of stores opening there is actually pretty fast. they are going fast there, so that's one thing so keep an eye on international growth, but also look at the fundmental disruption apple's doing now. interesting piece of data, the increase of ipad unit sale, year on year, jives up really nicely -- increased by 8 million yiewns, that's about how much the pc market declined if you...
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103
Apr 21, 2013
04/13
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CNBC
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apple, netflix, at & t. watch for caterpillar, boeing, ford, p & g, and ups. all may set the tones for the markets. monday, millions will go green in sell bracelebration of earth. march's existing home sales released. follows by new home sales report tuesday. thursda thursday, dedication of the george w. bush presidential center at southern methodist. thursday, gdp. gdp, a market mover that measures the country's economic output. that will do it for today. thank you for joining us. next week, a special episode for you with technology leaders changing today's economy. i'm giving them a seat at the table. >> trust is the new currency. >> trust is the new currency of the new economy. >> we'll bring that to you next week. have a great week, everyone. i'll see you next weekend. ♪ is its own reward. but there's nothing wrong with enjoying a little extra reward. ♪ that's why southwest built a better rapid rewards program with unlimited reward seats, no blackout dates, and points that don't expire. rewards that actually reward you. we are southwest. welcome aboard
apple, netflix, at & t. watch for caterpillar, boeing, ford, p & g, and ups. all may set the tones for the markets. monday, millions will go green in sell bracelebration of earth. march's existing home sales released. follows by new home sales report tuesday. thursda thursday, dedication of the george w. bush presidential center at southern methodist. thursday, gdp. gdp, a market mover that measures the country's economic output. that will do it for today. thank you for joining us. next...
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149
Apr 23, 2013
04/13
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MSNBCW
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apple is still selling a record number of iphones and ipads, but the growth is growing and competition from samsung and other smart phone workers. >>> seven banks including pnc and capital one reign in bonuses for those who meet or exceed targets. federal regulators have been concerned about the ties between high pay and if amount of risk banks are taking. >>> now you never have to get off the couch. piz zoo and microsoft -- pizza and microsoft are launching a new app, 25% of pizza orders are made online. >> that sounds like a match made in hemp. thanks so much, courtney. >>> in other action on the street, netflix shares rose in trading thanks in part to original streaming content. they plan four families stream at once for $11.99 a month. >>> senators voted overwhelmingly in favor to help force online retailers to collect tens of billions of dollars in sales taxes. a final senate vote could come by the end of the week. >>> a campaign to raise funds for boston bombing victim and now double amputee jeff baiman -- bauman has received $600,000 raised in just six days. >>> it's one thing t
apple is still selling a record number of iphones and ipads, but the growth is growing and competition from samsung and other smart phone workers. >>> seven banks including pnc and capital one reign in bonuses for those who meet or exceed targets. federal regulators have been concerned about the ties between high pay and if amount of risk banks are taking. >>> now you never have to get off the couch. piz zoo and microsoft -- pizza and microsoft are launching a new app, 25% of...
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148
Apr 24, 2013
04/13
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KRON
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eye 148
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of the decline in apple stock price has been very frustrating to all of us, but apple remains very strong and we will continue to do what we do best. tim could continue to told investors to hold on to their hat. we remain very optimistic about our future. we have some really great stuff coming in the fall and across all of 2014. our teams are hard at work at some amazing new hardware that we cannot wait to introduce. we've got a lot more surprises in to the work. so in september we can expect in a phone, ipad and most likely they will enter a new market. my guess is tv. it showed their version of a television set. that will be huge. but, will talk about that in the fall. cooler temperatures in were from 5 to 10 degrees from what we saw yesterday. it was 85 and fairfield and 82 and pleasanton. for san francisco, we hit 73 degrees this afternoon, but that quickly dropped because of the sea breeze wins. debitors right now are a lot cooler especially near the coast line. 53 in santa rosa. still pretty mild for inland valleys. we are expecting cooler conditions into tomorrow. that is going to
of the decline in apple stock price has been very frustrating to all of us, but apple remains very strong and we will continue to do what we do best. tim could continue to told investors to hold on to their hat. we remain very optimistic about our future. we have some really great stuff coming in the fall and across all of 2014. our teams are hard at work at some amazing new hardware that we cannot wait to introduce. we've got a lot more surprises in to the work. so in september we can expect...
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to go wild now think about this apple in two thousand and ten made about twenty billion dollars i had fun with a hot apple had seven hundred thousand employees around the world and contractors and actually made products right that we like. a hedge fund made exactly the same amount with less than one hundred employees how do you do that how do you do that you take you don't make are true takers the people who are siphoning off our wealth . they're stretching the whole income level. the distribution of income united states is being stretched way out of proportion by these guys they make. i estimated the top ten hedge fund guys make forty times as much as the top ten. movie stars. and we and what they do for the economy is virtually zilch as far as i can tell you know. jim cramer the guy from mad money he he actually confessed that he ran a hedge fund for ten years and then ten years later he actually confessed. on a website and he said that everything he did was fiction he used to manipulate his fellow reporters on c n b c by giving them false tips so his hedge fund could make bets base
to go wild now think about this apple in two thousand and ten made about twenty billion dollars i had fun with a hot apple had seven hundred thousand employees around the world and contractors and actually made products right that we like. a hedge fund made exactly the same amount with less than one hundred employees how do you do that how do you do that you take you don't make are true takers the people who are siphoning off our wealth . they're stretching the whole income level. the...
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Apr 18, 2013
04/13
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KRCB
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the focus today may shift to financial and tech related shares especially as shares of apple fell in relation to one of the suppliers on its outlook sighting in ipad shipments. we're going to being looking out for component suppliers here in japan that make a lot of parts that go into products such as tablets and smart phones of which apple makes many of those as well. we keep track of that sector as well. >> kicking off later today the g-20 over in washington, d.c. as we've been reporting a lot of focus will be on the recent weakening yen. where do we stand lead of that key meeting? >> a lot of market players will be watching the g-20 meeting and thedollar/yen. that may trade in a ltle bit of rgehead of that meeting and it's still weaker than it was this time yesterday when it was at the mid 97 yen levels. we'll keep track of that. the euro/yen 127.54 to 59. it traded up to upper 129 during wednesday. as you can see now 127.49 to 52. there were concerns that the european central bank may cut interest rates to boost growt in the euro zone. we'll keep track of currency markets. a bit
the focus today may shift to financial and tech related shares especially as shares of apple fell in relation to one of the suppliers on its outlook sighting in ipad shipments. we're going to being looking out for component suppliers here in japan that make a lot of parts that go into products such as tablets and smart phones of which apple makes many of those as well. we keep track of that sector as well. >> kicking off later today the g-20 over in washington, d.c. as we've been...
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Apr 24, 2013
04/13
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KGO
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>> coming up at 6:00, apple reports the first earnings decline in a decade. how is that affecting c.e.o.? we have the poll what e >> the natural air conditioning from the bay area and mike will tell us where the temperatures will be in a couple of minutes. >> if you use a clipper card you may have fewer privacy worries in the future. transportation planners are voting to reduce the length of time your travel data can be storeed. right now they keep the information for up to seven years. the land is to reduce this to 4 1/2 years making it the same length of time that fast track data is saved. a lawmaker has introduced a bill to cut data retention time to six months but that is opposed. we will get the forecast from mike and an explanation for why they didn't turn the ac on, on the hottest day of the week waiting as the temperatures come down. mike? >> do you expect me to understand my wife? really, understand my wife? >> the house did not cool off after being so warm the day before. all that warm air trapped in there did not take so much to get it hot again. m
>> coming up at 6:00, apple reports the first earnings decline in a decade. how is that affecting c.e.o.? we have the poll what e >> the natural air conditioning from the bay area and mike will tell us where the temperatures will be in a couple of minutes. >> if you use a clipper card you may have fewer privacy worries in the future. transportation planners are voting to reduce the length of time your travel data can be storeed. right now they keep the information for up to...
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Apr 24, 2013
04/13
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KGO
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. >>> big changes for apple after quarterly earnings dropped for the first time in more than ten years. ceo tim cook says the company will spend $100 million to buy back shares and increase dividends. on the hardware side, cook says, quote, we've got some really great stuff coming in the fall and across all of 2014. so, stay tuned. >>> it's taken more than a year. iphone 4 owners are receiving refund checks for 15 bucks. the reason, the expense for a bumper guard to solve reception problems with the phone. apple decided to pay customers for the purchase to settle a class-action lawsuit. >>> there's a new list out that's revealing the very best and very worst jobs from this year. according to careerpath.com, which tracked the numbers, a software engineer is the third. best job. biomedical engineer comes in number two. and an actuary is number one. now, to the bad news. these are the three worst jobs. third is enlisted military personnel. then, a lumberjack. and the very, very worst job on the planet, apparently was a newspaper reporter. >> wow. all right. >>> watch out jimmy kimmel, dav
. >>> big changes for apple after quarterly earnings dropped for the first time in more than ten years. ceo tim cook says the company will spend $100 million to buy back shares and increase dividends. on the hardware side, cook says, quote, we've got some really great stuff coming in the fall and across all of 2014. so, stay tuned. >>> it's taken more than a year. iphone 4 owners are receiving refund checks for 15 bucks. the reason, the expense for a bumper guard to solve...
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Apr 24, 2013
04/13
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KPIX
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. >>> on the "cbs moneywatch" hackers target the "associated press" and apple sales fly. ashley morrison is here in new york with that and more. good morning, ashley. >> good morning to you anne-marie. hackers attacked the "associated press's" twitter account. the tweets falsely reported explosions in the white house and that president obama had been injured. the news sent the dow plunging 143 points, but it quickly recovered when the a.p. corrected that report. the syrian electronic army claimed responsibility. the fbi is investigating. >>> the market ended on a positive note with investors encouraged by earnings reports through lockheed martin and other major companies. the dow climbed 152 points, while the nasdaq finished up 35 points. >>> asian markets followed wall street's gains. tok tokyo's nikkei rose more than 2% while hong kong's hang seng added 1%. >>> apple experienced a drop in sales this quarter compared to 2012, the first decline in years, but the tech company says it will also hand out $1 billion to its shareholders over the next two years. it's buying bac
. >>> on the "cbs moneywatch" hackers target the "associated press" and apple sales fly. ashley morrison is here in new york with that and more. good morning, ashley. >> good morning to you anne-marie. hackers attacked the "associated press's" twitter account. the tweets falsely reported explosions in the white house and that president obama had been injured. the news sent the dow plunging 143 points, but it quickly recovered when the a.p. corrected...
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Apr 19, 2013
04/13
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CNBC
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. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking big blue's largest drop in eight years after its quarterly earnings missed expectations on both the top and bottom lines. more business headlines in the next hour, but for now, maria, back to you. >> courtney, thank you. watertown, massachusetts, is where the manhunt took place today. we're joined now by mike driscoll. mike, thank you for calling in. what can you tell us about the region right now? >> well, again, as everything, we're still in a shelter in place. they did that earlier this morning, on or about, a little before 5:00, the decision was made to, number one priority is the safety of our residents and the residents of the commonwealth. >> at this point, we know that the area is in lockdown mode. the faa, saying there is a no fly zone over watertown. we know that amtrak has been suspended indefinitely. so, do we know
. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking big blue's largest drop in eight years after its quarterly earnings missed expectations on both the top and bottom lines. more business headlines in the next hour, but for now, maria, back to you. >> courtney,...
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Apr 24, 2013
04/13
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KNTV
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meanwhile, apple is sent to release new products. cook says he's optimistic, but he was vaguely talking about what to expect. analysts speculate that could mean a smart watch and an itv. >> did you happen to see it? a potentially ground-breaking plane spent the day and the evening flying around the bay area. this plane was in the air for 16 mours, nonstop, all without a single drop of fuel. the aircraft has a wingspan of 747 and the mower of a small electric scootish. >> today's practice run is the first ever. >> well, you've heard the expression let the bedbugs bite. nbc abaa area has the story of the only on nbc bay area. >> they were out drinking coffee on a friday night. >> i was picking up my coffee. it's horrifying. you don't know it and you take it home. she did take it home, two, in fact. these two alerlted nbc bay area to bedbugs. they say shocked him even more with his response. and that just -- that horrifies me. >> so she says she went to the county official to talk about the bedbugs and was surprised, again, to know noth
meanwhile, apple is sent to release new products. cook says he's optimistic, but he was vaguely talking about what to expect. analysts speculate that could mean a smart watch and an itv. >> did you happen to see it? a potentially ground-breaking plane spent the day and the evening flying around the bay area. this plane was in the air for 16 mours, nonstop, all without a single drop of fuel. the aircraft has a wingspan of 747 and the mower of a small electric scootish. >> today's...
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Apr 18, 2013
04/13
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KICU
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people are looking for clarification from apple. they want to know what is the new product going forward, what are you going to do with all this cash? give me something to work with. they're not happy with their management, they're not happy with their products coming forward, and they're not happy with them sitting on all this money. so, as a result, you see the stock getting punished, and i think that people really need some clarification, and the proof is going to be in the pudding when earnings come out next tuesday. - you are a pro trader. would you position ahead of those earnings? - i think that the stock can go lower, but everything is telling me that it should be a buy. you look at it from a valuation basis, from the way the company is run, just everything about it, and you think, "gosh, how can this stock it too much cheaper?" but, that being said, it can. so, i would position myself to really try to take advantage of the volatility, and i think that is the play here. - trying to catch a falling knife sometimes though. tha
people are looking for clarification from apple. they want to know what is the new product going forward, what are you going to do with all this cash? give me something to work with. they're not happy with their management, they're not happy with their products coming forward, and they're not happy with them sitting on all this money. so, as a result, you see the stock getting punished, and i think that people really need some clarification, and the proof is going to be in the pudding when...
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Apr 17, 2013
04/13
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KGO
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you may able to buy a low cost cell phone from apple. in a business analyst are correct a lot of you will be buying. apple could sell 75 million low cost flowns last year, however, has in the confirmed it plans to do this. and in the meantime a bill banning techting in california has passed the assembly transportation committee and would undo legislation passed last year that allowed hands free texting. saying newest information is that it's just as distracting as regular texting we'll follow this as it works it way through. >> there you go. >> breezy still out there. >> it s we did see temperatures coming up a few degrees because of the lighter winds if you will. here in the bay area, we're not seeing any moisture but we're seeing light showers possibility in this area throughout the next couple hours until sun goes down, frost advisory going up tonight at 11:00 p.m. running until a.m. tomorrow. so you can see showers starting to taper a little bit. i want to show you a view from our tv you can see it's cloudy right now this evening, dr
you may able to buy a low cost cell phone from apple. in a business analyst are correct a lot of you will be buying. apple could sell 75 million low cost flowns last year, however, has in the confirmed it plans to do this. and in the meantime a bill banning techting in california has passed the assembly transportation committee and would undo legislation passed last year that allowed hands free texting. saying newest information is that it's just as distracting as regular texting we'll follow...
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Apr 22, 2013
04/13
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KICU
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i don't see apple breaching this. you have got to take into consideration that they still have that $137 billion in cash. they are going to pick up probably another $13 billion this year, up to $150. if they do anything with their cash at any point in time - buying netflix, stock purchase plan, or a huge dividend, the stock cost $50 in a heartbeat. but, if you look at the daily chart, i talked about it in my trading room, $419, it looked like it wasn't going to go lower - it broke it in a heartbeat. then it broke $400. on friday, the futures were up 5.5 points, apple was down $5.50 on the opening. every $1.10 apple moves is $1 billion in market cap. - traditionally apple rallies ahead of earnings. earnings are coming up on tuesday. what do you think? will we get a rally here? - i don't think we will get a rally. i like to look at the at-the-money straddles that are implying a $30 move in apple. that takes it down to that $370 level, or up to $430. i think they need to say something about the cash. show me a stock purc
i don't see apple breaching this. you have got to take into consideration that they still have that $137 billion in cash. they are going to pick up probably another $13 billion this year, up to $150. if they do anything with their cash at any point in time - buying netflix, stock purchase plan, or a huge dividend, the stock cost $50 in a heartbeat. but, if you look at the daily chart, i talked about it in my trading room, $419, it looked like it wasn't going to go lower - it broke it in a...
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Apr 16, 2013
04/13
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WUSA
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it's free at the apple store. >>> d.c. remains on high alert following yesterday's terror bombings at the boston marathon but this city went ahead with today's emancipation day parade as planned. >> reporter: this is bruise bruce johnson in downtown washington. city on high alert, no incidents. it's a city holiday, time for family, food and a parade. one day after the boston marathon attack, d.c. residents and visitors turned out to commemorate emancipation day 1863. that's when president lincoln abolished slavery in d.c. talk of boston, thoughts of the explosion victims and a possible attack here were everywhere today. >> i know security is very good in washington, d.c., and the parade must go on and the celebration cannot stop. >> this is a city that is resilient. we are ready. it's very unfortunate, a tragic situation that happened in boston yesterday. >> reporter: the emancipation day activities continue through tonight, 8:45 this evening a fireworks display. this is bruce johnson reporting from downtown washington for
it's free at the apple store. >>> d.c. remains on high alert following yesterday's terror bombings at the boston marathon but this city went ahead with today's emancipation day parade as planned. >> reporter: this is bruise bruce johnson in downtown washington. city on high alert, no incidents. it's a city holiday, time for family, food and a parade. one day after the boston marathon attack, d.c. residents and visitors turned out to commemorate emancipation day 1863. that's when...
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Apr 24, 2013
04/13
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FBC
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you've been following apple for a long time. there is a lot to sink our teeth into here with apple. what do uuthink about this? because adam shapiro was painting a pretty rosy picture. i think the stock is jumping a lot on increase in the dividend, 15% we're looking at increase in the share buyback program, blowing it out to $100 billion. that was an incree of 50 billion. i don't, there is bad news in there too, right? >> sure. there was some bad news in that they are significantly lowering revenue and earnings guidance for the next quarter from what wall street had been expecting. melissa: right. >> that shouldn't please anybody. i think all of the increase is attributable to the increase in the cash they plan to return to shareholders. melissa: yeah. >> there is wonky point that adam didn't mention which is they mentioned in their earnings release they are going to take on debt although they haven't said yet how much and exactly how they're going to do that. this is very significant for apple watchers because steve jobs hated debt. and the fact that they're going to do this tells
you've been following apple for a long time. there is a lot to sink our teeth into here with apple. what do uuthink about this? because adam shapiro was painting a pretty rosy picture. i think the stock is jumping a lot on increase in the dividend, 15% we're looking at increase in the share buyback program, blowing it out to $100 billion. that was an incree of 50 billion. i don't, there is bad news in there too, right? >> sure. there was some bad news in that they are significantly...
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Apr 24, 2013
04/13
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KOFY
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>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >> apple. >> however, some perceptions of apple may be changing google has been very open about its foray into self driving cars and google glasses. >> this seems to dip into everything. google has kind of hit everything. >> i think google is getting justify bli a lot of credit. >> van baker tracks both companies but recognizes that google is prone to drop ideas as fast as it creates them. >> you don't know what projects goring to survive and they tend to pull the trigger on products and some projects that are quickly. >> he didn't say anything about this year. >> owning i do believe they're losing this because ther
>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >>...
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Apr 16, 2013
04/13
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WJLA
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facebook is in talks with apple over its droid-friendly software called home. the question is will be apple users able to use it? and chick-fil-a is getting healthy. more on that in the next hour. linda bell reporting. back to you. >> thank you. 4:39.65 degrees, >> big developments when it comes to immigration reform. we will have more on an agreement reached on the biggest ov >> tuesday morning, a mild start. >> not bad, jacqui jeras. will this a repeat of yesterday? >> there will be similarities. we will be a little drier today and with more sunshine. and a touch warmer. the morning is starting out much the same, 57 degrees. we might see patchy fog and mist in outlying areas. i think we will be fine in the district. looking at the satellite picture, low-level clouds. you can see areas at the eastern shore where it is trying to break apart. we will have a little bit more sunshine today, allowing us to warm up past 70 degrees. mostly cloudy and 60 degrees at 9:00, 68 by noon, and partly sunny and 72 degrees by 5:00. some unsettled weather later this week. but t
facebook is in talks with apple over its droid-friendly software called home. the question is will be apple users able to use it? and chick-fil-a is getting healthy. more on that in the next hour. linda bell reporting. back to you. >> thank you. 4:39.65 degrees, >> big developments when it comes to immigration reform. we will have more on an agreement reached on the biggest ov >> tuesday morning, a mild start. >> not bad, jacqui jeras. will this a repeat of yesterday?...
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Apr 18, 2013
04/13
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FBC
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let's talk apple first. what do you think about the dive in apple? >> you know i'm not surprised to see it because the problem with apple it has been way too quiet recently. we need to see innovation and need to see products in the market. htc and samsung releasing their major flagships now. samsung came out yesterday. seven major carriers in the united states. that is huge. galaxy s4 will sell like gangbusters. galaxy line has always been great. what will happen he will do? will it make an incremental upgrade with the apple iphone 5 s or the ipad? we need a big change. itv or i watch, we want to see something big. melissa: we talked about apple missing earnings because they were always the king of sandbagging, managing expectations. >> we saw it last quarter. melissa: so is that a real sign of the decline in the company, that they can't even stick to that strategy? >> yeah i do think so but tim cook did say i would be more in line and give more accurate estimate in the future so that doesn't happen as often as it does or at least last quarter. so i
let's talk apple first. what do you think about the dive in apple? >> you know i'm not surprised to see it because the problem with apple it has been way too quiet recently. we need to see innovation and need to see products in the market. htc and samsung releasing their major flagships now. samsung came out yesterday. seven major carriers in the united states. that is huge. galaxy s4 will sell like gangbusters. galaxy line has always been great. what will happen he will do? will it make...
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Apr 24, 2013
04/13
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KGO
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>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >> apple. >> however, some perceptions of apple may be changing google has been very open about its foray into self driving cars and google glasses. >> this seems to dip into everything. google has kind of hit everything. >> i think google is getting justify bli a lot of credit. >> van baker tracks both companies but recognizes that google is prone to drop ideas as fast as it creates them. >> you don't know what projects goring to survive and they tend to pull the trigger on products and some projects that are quickly. >> he didn't say anything about this year. >> owning i do believe they're losing this because ther
>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >>...
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Apr 24, 2013
04/13
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KNTV
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scott mcgrew, you say apple now middle age? >> apple middle age. just like jon and i are, right? certainly not a young start-up. apple reported its profits tuesday. if you were to make one takeaway idea from this whole affair, it would be that apple has really reached middle age. the company is doing thing that is only mature companies do, like issuing dividends. in fact, on the phone call with reporters, tim cook said he wants apple to become the biggest dividend-paying company in america. young companies resist sharing their profits with investors because they've got better things to do with the money, like grow. apple said it saw its first decline in profit in ten years and iphone's sales growth were slowing. then this, ipad sales, that's good news. that's still going gangbusters. the house energy and commerce committee will hold hearings into fisker a short time from now. pictures of fisker unveiling at santana row some years ago. the last time the committee investigated a department of energy loan, it was to solyndra. house republicans are eager to embarrass the obama admini
scott mcgrew, you say apple now middle age? >> apple middle age. just like jon and i are, right? certainly not a young start-up. apple reported its profits tuesday. if you were to make one takeaway idea from this whole affair, it would be that apple has really reached middle age. the company is doing thing that is only mature companies do, like issuing dividends. in fact, on the phone call with reporters, tim cook said he wants apple to become the biggest dividend-paying company in...
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Apr 18, 2013
04/13
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CNBC
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that's tough to do against someone like apple and samsung. for nokia, i think they have a small window, but they really need to execute and they're running out of time. >> got to take this window. rbc's mark sue. and we showed on that board there, apple stock, which is sitting at 390, below that 400 mark today, and probably one of the reasons why we're seeing the nasdaq underperform the other two eindices. >> you know, you wonder how much longer he might have, was the strategy was all in with microsoft. see if that works. coming up after the break, a story that's going to tick you off, that adds insult to injury in boston. everybody has different investment objectives, ideas, goals, appetite for risk. you can't say 'one size fits all'. it doesn't. that's crazy. we're all totally different. ishares core. etf building blocks for your personalized portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, c
that's tough to do against someone like apple and samsung. for nokia, i think they have a small window, but they really need to execute and they're running out of time. >> got to take this window. rbc's mark sue. and we showed on that board there, apple stock, which is sitting at 390, below that 400 mark today, and probably one of the reasons why we're seeing the nasdaq underperform the other two eindices. >> you know, you wonder how much longer he might have, was the strategy was...
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Apr 16, 2013
04/13
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CNBC
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that's where qualcomm has been beating them. >>> let's swap topic and talk about how apple stock has decline. the latest news over china, it's ramping up protection for the iphone 5s. karnry are you a buyer? i think the risk is more that it goes up than it goes down at this point. >> jon fortt, is it down and out? >> well, probably not out, but look, i think we have to see what their response is to the lower end and mid fehr saturdayphone tend. do they have to sacrifice margins? of course we see the chinese economy looking iffy lately. we'll look to see how confident they feel about that. >> let's finally turn to dell, a deal that icahn has doone. he says he will limit half his stake at 10%. in return he'll get information that management says will maximize the chances of elitting a superior proposal. john karney, a good idea on behalf of the incumbents? >> look, i have to say wouldn't it be fansic to be carl icahn. wouldn't it be please don't spend more money and we'll give you better access? he's win in a deal, and he's won in this one. sure, i'll keep more of my cash to myself, an
that's where qualcomm has been beating them. >>> let's swap topic and talk about how apple stock has decline. the latest news over china, it's ramping up protection for the iphone 5s. karnry are you a buyer? i think the risk is more that it goes up than it goes down at this point. >> jon fortt, is it down and out? >> well, probably not out, but look, i think we have to see what their response is to the lower end and mid fehr saturdayphone tend. do they have to sacrifice...
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Apr 24, 2013
04/13
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KTVU
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apple reported its second quarter earnings after yesterday's close. the earnings $10 on 43.6 billion in revenue that reportedly met analysts' expectations but the company posted a sales forecast for the next quart ter that was below -- quarter that was below expectations. right now, apple is trading at $407. that's up a quarter of a point. that's down from the record high last september of $705 a share. >>> the metropolitan transportation commission is scheduled to vote today on reducing the amount of travel information kept on your clippard card. the proposal calls for the mtc to hold onto the records of clippard card passengers for four and a half years instead of seven. privacy advocates expressed concern about the data after learning it could be subpoenaed in criminal and civil cases. the subpoena says no information is not turned over without an order. >>> there's an icon for b.a.r.t. app that will tell you whether heavy, moderate or light crowding is expected. they are using historical data to tell you how busy trains are at certain times. >>> t
apple reported its second quarter earnings after yesterday's close. the earnings $10 on 43.6 billion in revenue that reportedly met analysts' expectations but the company posted a sales forecast for the next quart ter that was below -- quarter that was below expectations. right now, apple is trading at $407. that's up a quarter of a point. that's down from the record high last september of $705 a share. >>> the metropolitan transportation commission is scheduled to vote today on...